ASL Marine Holdings Balance Sheet Health
Financial Health criteria checks 1/6
ASL Marine Holdings has a total shareholder equity of SGD92.9M and total debt of SGD219.9M, which brings its debt-to-equity ratio to 236.8%. Its total assets and total liabilities are SGD543.5M and SGD450.6M respectively. ASL Marine Holdings's EBIT is SGD28.4M making its interest coverage ratio 1.1. It has cash and short-term investments of SGD17.2M.
Key information
236.8%
Debt to equity ratio
S$219.90m
Debt
| Interest coverage ratio | 1.1x |
| Cash | S$17.22m |
| Equity | S$92.85m |
| Total liabilities | S$450.61m |
| Total assets | S$543.46m |
Recent financial health updates
Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
May 13
Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
Jan 27Is ASL Marine Holdings (SGX:A04) A Risky Investment?
Aug 25Is ASL Marine Holdings (SGX:A04) Using Debt Sensibly?
Apr 19Is ASL Marine Holdings (SGX:A04) Using Too Much Debt?
Jan 04Does ASL Marine Holdings (SGX:A04) Have A Healthy Balance Sheet?
Sep 13Recent updates
ASL Marine Holdings (SGX:A04) Might Have The Makings Of A Multi-Bagger
Aug 06We Think That There Are Issues Underlying ASL Marine Holdings' (SGX:A04) Earnings
May 22ASL Marine Holdings (SGX:A04) Is Doing The Right Things To Multiply Its Share Price
Apr 21Here's Why ASL Marine Holdings Ltd.'s (SGX:A04) CEO May Deserve A Raise
Oct 24ASL Marine Holdings' (SGX:A04) Solid Earnings Are Supported By Other Strong Factors
Sep 06There's Been No Shortage Of Growth Recently For ASL Marine Holdings' (SGX:A04) Returns On Capital
Aug 31Revenues Not Telling The Story For ASL Marine Holdings Ltd. (SGX:A04)
Jul 18Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
May 13Health Check: How Prudently Does ASL Marine Holdings (SGX:A04) Use Debt?
Jan 27Is ASL Marine Holdings (SGX:A04) A Risky Investment?
Aug 25Is ASL Marine Holdings (SGX:A04) Using Debt Sensibly?
Apr 19Is ASL Marine Holdings (SGX:A04) Using Too Much Debt?
Jan 04Does ASL Marine Holdings (SGX:A04) Have A Healthy Balance Sheet?
Sep 13Is ASL Marine Holdings (SGX:A04) Using Debt Sensibly?
May 27A Quick Analysis On ASL Marine Holdings' (SGX:A04) CEO Salary
Feb 11Financial Position Analysis
Short Term Liabilities: A04's short term assets (SGD228.5M) do not cover its short term liabilities (SGD335.2M).
Long Term Liabilities: A04's short term assets (SGD228.5M) exceed its long term liabilities (SGD115.5M).
Debt to Equity History and Analysis
Debt Level: A04's net debt to equity ratio (218.3%) is considered high.
Reducing Debt: A04's debt to equity ratio has increased from 234.3% to 236.8% over the past 5 years.
Debt Coverage: A04's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: A04's interest payments on its debt are not well covered by EBIT (1.1x coverage).